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1216 N Wayne St; Gary, IN Property Details

1216 N Wayne St, Gary, IN is a Single Family that was built in 1930. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1216 N Wayne St has 4 bedrooms, and 2 bathrooms, and a total of 2,210 square feet. The lot size of 1216 N Wayne St is 7,884 square feet.

Off market
1216 N Wayne St Gary, IN 46403
$414,200 Estimated Value
4 Beds
2 Baths
2,210 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1930
  • Purchase Price: $233,500
  • Open Loans / Balance: 1 / $96,939
  • Est. Equity / %: $356,061 / 78.6%
  • Gross Yield: 9.51%
  • APN: 45-05-33-228-024.000-004
  • Situs County: Lake
  • Length Of Ownership: 10 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,210/SqFt
  • Lot: 7,884/SqFt
  • Gross: 3,142/SqFt
  • Garage: 932/SqFt
  • Living: 2,210/SqFt
  • Building: 3,142/SqFt
  • Ground: 2,710/SqFt
  • Price Per Square Foot: $105.66

Legal Description

  • Description: LAKE SHORE ADD. E. CHICAGO N.1/2 LOT 50 BL.6 ALL OF LOTS 51 & 52 BL.6
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gary Community School Corporation
  • Lat / Lon: 41.62241 / -87.22545
  • Subdivision: Lake Shore Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1634
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 5

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1216 N Wayne St has no associated ownership info
1216 N Wayne St has no associated ownership info.

Taxes

1216 N Wayne St has 10 associated Taxes items

1216 N Wayne St, Gary, IN pays taxes in Lake County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $414,200. The APN we've located for 1216 N Wayne St is 45-05-33-228-024.000-004.

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Taxes
  • Assessed Value:  $414,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-33-228-024.000-004
  • Assessed Land Value:  172200
  • Market Land Value:  172200
  • Tax Amount:  9543.74
  • Tax Year:  2024
  • Market Value:  414200
  • Market Year:  2025

Tax History

1216 N Wayne St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $414,200 Land Value $172,200 Improvement Value $242,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $384,000 Land Value $172,200 Improvement Value $211,800 Tax Amount $9,543.74 Change Rate -0.721953% Assessed CR Tax Rate +0.024853%
Year 2023 Assessed Value $389,300 Land Value $185,200 Improvement Value $204,100 Tax Amount $34,324.19 Change Rate +3.411407% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $7,780.78 Change Rate +0.072007% Assessed CR Tax Rate
Year 2021 Assessed Value $283,300 Land Value $75,000 Improvement Value $208,300 Tax Amount $7,258.14 Change Rate -0.701645% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $276,100 Land Value $75,000 Improvement Value $201,100 Tax Amount $24,327.18 Change Rate +3.642592% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $259,000 Land Value $72,200 Improvement Value $186,800 Tax Amount $5,240 Change Rate +0.065508% Assessed CR Tax Rate +0.020232%
Year 2018 Assessed Value $227,400 Land Value $62,200 Improvement Value $165,200 Tax Amount $4,917.84 Change Rate +0.013344% Assessed CR Tax Rate +0.021626%
Year 2017 Assessed Value $224,500 Land Value $58,300 Improvement Value $166,200 Tax Amount $4,853.08 Change Rate +0.079475% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $224,300 Land Value $58,300 Improvement Value $166,000 Tax Amount $4,495.78 Change Rate Assessed CR Tax Rate +0.020044%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,495.78 Change Rate -0.098948% Assessed CR Tax Rate
Year 2014 Assessed Value $213,200 Land Value $55,600 Improvement Value $157,600 Tax Amount $4,989.48 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $206,200 Land Value $55,600 Improvement Value $150,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $4,633.38 Change Rate Assessed CR Tax Rate